Sodick Co., Ltd. · TSE:6143
Sodick — Q3 2018 Earnings Presentation
23 slides from Sodick's earnings presentation, Nov 13, 2018
Slide 1: 3Q FY18/12 Results Briefing
3Q FY18/12 Results Briefing November 13, 2018 Sodick Co., Ltd.
Slide 2: Table of Contents
Table of Contents I. 3Q FY18/12 Financial Results Summary 3 II. FY18/12 Financial Results Projections 13 (Reference Materials) 20 2
Slide 3: I. 3Q FY18/12 Financial Results Summary
I. 3Q FY18/12 Financial Results Summary *Since the previous fiscal period (FY2017) was a transitional period for a change in the accounting period, we did not prepare consolidated financial statements for the third quarter of the fiscal year ended December 31, 2017. *For reference comparison, we sta
Slide 4: Financial Results Highlights
Financial Results Highlights In China after the Chinese New Year holiday, EDMs sold well and on the whole net sales progressed according to plan at the beginning of the period. Gross profit margin improved due to a substantial increase in the number of EDMs sold and greater productivity. (millio
Slide 5: Ratio of Operating Income to Net Sales (Quarterly)
Ratio of Operating Income to Net Sales (Quarterly) Both sales and operating income maintained high levels thanks to steady sales of EDM and greater productivity. • Including sales of Chinese subsidiaries during Jan-Mar 2017 (approx. 3,500 million yen). All-time high net Bar graph: Net sales Line g
Slide 6: Financial Results by Segment
Financial Results by Segment (million yen) Machine tool segment January – In China, sales are currently slowing down owing largely to the September, 3Q FY18/12 Changes decrease in demand for smartphone-related industries and 2017 (*) postponing capital investment decisions because of trade conflic
Slide 7: Net Sales by Segment
Net Sales by Segment Maintenance services and consumables, a stable source of cash, account for about 16% of total net sales. Machine tool segment Industrial machinery segment Food processing machinery segment Maintenance services and consumables Maintenance services and consumables Maintenance se
Slide 8: Overseas Sales Ratio by Segment
Overseas Sales Ratio by Segment Sodick has been developing its business globally with an overseas sales ratio of 68.5%. (million yen) North and South Japan America Europe Greater China Asia 25,000 20,000 Others Food processing 15,000 Machinery Industrial machinery 10,000 Machine tools 5,000 0 Jan-
Slide 9: Balance Sheet
Balance Sheet Non-current assets substantially increased owing to active capital investment at home and abroad (e.g. the Kaga multifactory, Distribution Centers, Head Office Building No. 2 (R&D building), the new building for sales office in US, land for sales office in UK, the second factory of t
Slide 10: 3Q FY18/12 Topics (New Products) (1)
3Q FY18/12 Topics (New Products) (1) 1 Development of the high-speed building metal 3D printer LPM325 To respond to diversified needs for metal 3D printer products, we have released and added to our lineup the metal 3D printer LPM325 that achieves both 3D molding through melting and solidifying meta
Slide 11: 3Q FY18/12 Topics (New Products) (2)
3Q FY18/12 Topics (New Products) (2) 3 Development of the large wire electric discharge machining AL800P that is linear motor driven with high-speed and ultra-high precision As an model in our lineup of wire electric discharge machining AL series that are well received in the precision molds and hig
Slide 12: 3Q FY18/12 Topics (Exhibition Information)
3Q FY18/12 Topics (Exhibition Information) 1 Participation in IMTS 2018 (International Manufacturing Technology Show) We participated in IMTS2018, one of the three world machine tool fairs, held in Chicago, U.S. Amid the expansion of the exhibition scale of 3D printers, we exhibited the precision me
Slide 13: II. FY18/12 Financial Results Projections
Ⅱ. FY18/12 Financial Results Projections
Slide 14: Market Environment
Market Environment Japan: We expect sustained solid demand due to the government subsidy programs and replacement demand due to facility aging. North America: Bolstered by the corporate tax cuts, capital investment demand is expected to increase mainly in the automotive, aerospace and medical eq
Slide 15: FY18/12 Financial Results Projections
FY18/12 Financial Results Projections Although business results for the first three quarters have exceeded the initial plan, both sales and income for the forth quarter are expected to be sluggish because orders are currently slowing down owing mainly to trade conflicts between China and the U.S.
Slide 16: FY18/12 Financial Results Projections by Segment
FY18/12 Financial Results Projections by Segment Although the business results for the first three quarters have exceeded the initial plan, both sales and income for the forth quarter are expected to be sluggish because orders are currently slowing down due mainly to the trade conflict between Chi
Slide 17: FY18/12 Financial Results Projections by Segment
FY18/12 Financial Results Projections by Segment (million yen) Machine tool segment FY18/12 Full-year Increase/Decrease In Japan, steady earnings are expected thanks to demand for replacing aging Initial forecast equipment. (announced on Revised forecast Amount Rate While capital investment dema
Slide 18: FY18/12 Financial Results Projections by Segment
FY18/12 Financial Results Projections by Segment (million yen) Machine tool segment FY17/12 FY18/12 FY18/12 (Group-wide: In Japan, steady earnings are expected thanks to Progress Jan-Dec) toward demand for replacing aging equipment. Full-year projection In North America, capital investment deman
Slide 19: Policy on Shareholder Returns and Dividend Projection
Policy on Shareholder Returns and Dividend Projection Dividend policy: We are aiming for 2% or more for the dividend on equity ratio (DOE). We plan to pay an annual dividend of 24 yen per share (12 yen for each interim and terminal) in FY18/12. (yen) 1株当たり配当金 Dividend per share DOE 30 3.0% 2.4%
Slide 20: (Reference Materials)
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Slide 21: Domestic and Overseas Sites
Domestic and Overseas Sites NEW Sodick America Sodick, Inc. Shanghai Sodick Miyazaki Plant Kaga Plant Corporation(San Jose) (Chicago) Software Co., Ltd. Head Office and Research and Technology Center Sodick Europe Ltd. (U.K.) Fukui Plant Q Sodick Deutschland GmbH Sodick Korea Co., Ltd. (Germany) Sod
Slide 22: Participation in Major Exhibitions
Participation in Major Exhibitions The Company will participate in both domestic and overseas exhibitions, thereby engaging in proactive marketing. Dates Location Exhibition Notes 2018 One of the world’s largest Sep. 10-15 USA Chicago IMTS2018 machine tool trade shows Sep. 18-22 Germany Stuttgart
Slide 23: Disclaimer
Disclaimer This presentation material has been prepared exclusively for the purpose of providing information, the material was not created to advertise, solicit, market, etc., specific products or shares of the Company. This information included in this material is not required by the Financial Inst